IronFX
Uphold
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Overview
IronFX was founded in 2010 and is headquartered in Cyprus, while Uphold was established in 2013 and is based in United States. IronFX holds licences including Financial Conduct Authority (FCA), while Uphold is regulated by FCA and FINCEN: Uphold Europe Limited among others. IronFX serves 10,000+ clients worldwide; Uphold has 4,000,000+. The minimum deposit is $500 at IronFX and $1 at Uphold.
| Feature | IronFX | Uphold |
|---|---|---|
| Min. Deposit | $500 | $1 |
| Regulation | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC) | FCA and FINCEN: Uphold Europe Limited, Reg No. 09281410. Uphold HQ Inc. NMLS ID No. 1269875 |
| Founded | 2010 | 2013 |
| Country | Cyprus | United States |
| Clients | 10,000+ | 4,000,000+ |
Fees
Fees are a critical factor when choosing between IronFX and Uphold, directly affecting your bottom line as a trader. Uphold has a lower barrier to entry with a minimum deposit of $1 (vs $500 at IronFX). Neither broker charges withdrawal fees. IronFX charges deposit fees; Uphold does not. Overall, Uphold scores higher on fees in our assessment.
| Feature | IronFX | Uphold |
|---|---|---|
| Min. Deposit | $500 | $1 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
IronFX offers MT4, MT5, cTrader, while Uphold supports a proprietary platform. Both brokers provide mobile trading apps for iOS and Android. IronFX supports social and copy trading features, which Uphold does not offer. IronFX edges ahead on platform breadth and functionality in our scoring.
| Feature | IronFX | Uphold |
|---|---|---|
| MT4 | Yes | No |
| MT5 | Yes | No |
| cTrader | Yes | No |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps | Web, Desktop & Mobile Apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how IronFX and Uphold compare. Uphold runs regular live webinars; IronFX does not. Both provide video tutorials. IronFX integrates third-party research tools (Autochartist); Uphold does not. Uphold maintains an archive of past webinars for on-demand viewing. IronFX scores higher overall in education and research.
| Feature | IronFX | Uphold |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | No | No |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. IronFX accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Uphold supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | IronFX | Uphold |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both IronFX and Uphold offer live chat support. IronFX offers phone support; Uphold does not. Email support is available at both brokers. IronFX supports 2 languages and Uphold supports 1, giving IronFX broader global reach. IronFX scores higher overall on customer support in our assessment.
| Feature | IronFX | Uphold |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | No |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English |